»Ê¹ÚÌåÓýapp

Section 153 ITEPA 2003

If the cash equivalent of the benefit of a shared car is reduced under Section 148 ITEPA 2003 (see EIM25200) a corresponding reduction is to be made to the car fuel benefit.

Example

See EIM25205 for the facts. »Ê¹ÚÌåÓýapp cash equivalent of the car fuel benefit would be allocated in exactly the same way.

Possible further reductions in the charge

• See EIM25565 if the car is unavailable for part of the tax year.
• See EIM25570 if free fuel is withdrawn in a tax year and not reinstated.

Years before 2003/04

»Ê¹ÚÌåÓýappse arrangements were formerly part of Extra-Statutory Concession A71. »Ê¹ÚÌåÓýapp fuel benefit charge had a different basis in these years.